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sidedraft

02/09/12 12:43 AM

#6583 RE: philipmax #6582

How can Rosen cite a ojbection, that was not docketed?

.... (v) J. Philip Max [Not Docketed] ....



http://www.kccllc.net/documents/0812229/0812229120208000000000014.pdf Page 2/37


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remmy

02/09/12 1:30 PM

#6585 RE: philipmax #6582

Hi Philip, great effort again but there's no way. You'd need 10M LTWs to pledge .01 each contrib to reach $100K, and that would just be the start of the legal fees, trust me.

I think most of the board has decided to either sell or sign waivers to get newco stock hoping to recoup some of their losses. I love a cinderella story (ie, if the LTW holders were one day made whole) but, the odds are super low at this point.

If we had the legal expertise of the TPS's, maybe. But we don't.

Don't want to discourage your efforts. I'm down 5-figures and most on this board are down the same if not 6-figures with the last ruling.

I think that's one of the reasons many on this board either sold and left, pledged and left, or else got kind of salty and unhelpful and antagonistic.

I guess it's understandable to be upset. Nobody likes losing $50K-$100K on a ruling that runs contrary to contract law.

All IMO of course.
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ItsMyOption

02/09/12 2:30 PM

#6588 RE: philipmax #6582

Phil, I think we should get in contact with Mr. Bush to see if he is going forward with appeal. To spend that much on another attorney well he would have to be very good with security litigation.

If we could find a high level attorney that would do the work on continency fees from any claim reward one may work harder on this case.

I think Linda had Mr. Bush's email and may have contacted him. IMO we need to start with Bush to see his intentions - my hope is he has already planned his appeal. He was very sharp and spoke well at the hearing.

With that said I would consider helping fund moving this forward, but I only held 95K of the LTW's.

ILS
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linda1

02/09/12 3:47 PM

#6591 RE: philipmax #6582




Could you be more specific? Which Court? Do you mean Judge Block's Court? What different approach did they suggest?